Common
Acqui-hiring
Process of acquiring a company to recruit its employees
Acqui-hiring
Acqui-hiring is the acquisition of startups or other small companies primarily to acquire human capital. The term acqui-hire (a portmanteau of "acquisition" and "hire") was coined in 2005. The phenomenon gained widespread attention in the 2010s due to media coverage of tech firms, although acqui-hiring has been reported in a variety of industries. With acqui-hiring, the company is aiming to acquire not only talented individuals but a cohesive group of people that are productive jointly. The capital expenditure of purchasing may be more tax advantaged compared to employee poaching. Compared to other mergers and acquisitions, acqui-hires are smaller and faster. Acqui-hiring is most likely when talent is scarce. In acqui-hiring, the company's product is of at most secondary interest and is often killed shortly after the acquisition. The company usually tries to retain the employees and founder; the process of integration and retention is key to the success of the strategy. The benefits of...
Open boosters, collect cards and trade them. Free to play.
Play for free